I am bullish on Oust, which I believe that the chart analysis clearly state the technical analysis behind my sentiment. The target is between 26-33 USD. Oust is planning to release Q4 earnings on March 18th, which is also expected to be a good report given the fact that they announced in Q3 the signing of "the largest order" in their history without naming the...
Based on my analysis, we are currently in correction wave 4 that consist of ABC, where wave C is a triangle (abcde). Wave re currently at wave c, and heading towards d, e and which would then complete Wave 4 correction that would initiate Wave 5 that could potential take us to ~$250.
I have been following Oust for few years and I have made very successful trades over the last year with few trades during the big swings. I will start my EW analysis starting with the color coding to follow the EW easily. Blue is Primary counting, Yellow is Intermediate counting and Green is Minor Counting. Starting from 26th of Apr. 2023, which is the start of...